Toleshova M.T.- senior teacher

Oskenbay A –student group MMG-12-2k1

South Kazakhstan State university named after M.Auezov.

Kazakhstan, Shymkent.

 

The role of oil and gas in our life

         Today, oil and gas play a huge role in our lives. Oil and gas are naturally occurring fuels trapped in deposits deep beneath the earth’s surface. They were formed millions of years ago, when the earth was almost entirely covered in water, from the bodies of tiny sea creatures that decomposed under immense heat and pressure.

         There are many unconventional resources of energy available to the human beings. These natural resources include Water, air, sun, Oil and Natural Gases, other hydrocarbons such as coal, Plant kingdom etc. All of these play an important role in the life of the mankind. The replenishment of these is not possible. Increasing consumption and demand of these resources has embarked a danger of depletion of the reserves of such natural resources. Also, to maintain the ecological balance and avoid the earth from global threat of the reserves being exhausted, the need of this hour is to think and strive for the conservation of these natural resources. Further, it is the known fact that energy cannot be destroyed but transformed from one to another type. Electricity, another form of energy which is generated by burning coal, gas etc. or by converting the kinetic energy of water into electric energy. In other words, it can be said that the natural resources are of utmost necessity and without these life is miserable.
        
There are many varieties and flavors of oil and gas investments. They include limited partnerships, complex lease agreements, and general partnerships. Limited partnerships involve the sale of partnership units to raise money for drilling activities. The sponsoring company charges a fee for managing the project and keeps a percentage of the revenue should there be any.

Investors are offered a large first year tax write-off and quarterly cash distributions from the sale of whatever oil and gas found by the partnership until the wells run dry. General partnerships can differ from limited partnerships in a couple key ways. First, general partners sometimes assist in the operations of

         The process of finding oil and gas is called exploration. In the first step of the exploration process, scientists use geological evidence to predict where oil and gas reservoirs might be found. Next, special crews called seismic crews use advanced technology to more thoroughly examine the prescribed areas. If the scientists’ predictions are verified, and it is determined that the areas are sites of oil ans gas reservoirs worth tapping, the next stage of petroleum production commences.

          The process of pulling oil and gas up from the ground is called extraction.  In the first step of the process, holes are drilled from the earth’s surface into oil and gas reservoirs by drilling rig crews. Next, these wells are prepared for production by service rig crews. Finally, once the oil wells are completed, oil is pumped up from the ground by pump jacks and into huge tanks on site. The oil from these tanks is collected regularly.

         Every one of us needs to begin to conserve on the use of petrol products. We need to develop an energy conservation plan for ourselves beginning at the household level. Start by identifying all the things we use that require petroleum products, monitor the way we use them and begin to reduce our wastage of these products.
Even if you do not consider yourself an environmentalist, a little fuel conservation can really help not just the environment, but also your wallet! The price of petrol seems to always be on the rise. The best defense against rising prices is fuel conservation.
        
The oil and gas industry is the major and most rapidly growing industry in Kazakhstan. Oil and gas revenue accounts for a significant part of Kazakhstan's GDP, its Budget and foreign trade receipts. Kazakhstan holds vast hydrocarbon reserves, including potentially the third largest oil reserves in the world, following Saudi Arabia and Iraq. Proven sea and land hydrocarbon reserves of Kazakhstan are estimated at about 30 billion barrels. About 70% of those reserves are located in the west of Kazakhstan and a considerable majority of them are associated with salt deposits at the depth of more than 5000 metres. Potential oil reserves of Kazakhstan (located mainly in the Caspian Sea region) are estimated at 60 billion barrels.

         Gas industry has been transformed from centralized state-owned organization into fragmented free market enterprise which has abruptly increased its pull of investments and let Kazakhstan to become a leader in terms of its estimated quantity of carbohydrates deposits not only among post-Soviet states but also among major oil producing nations. On Kazakhstani national territory are present virtually all the major companies in the world carbohydrate business. Kazakhstan holds the largest proven oil reserves in Caspian region. According to statistical data carbohydrate reserves confirmed by British Petroleum on land and continental shelf are estimated within 5.5 bin tones or 39.8 bin barrels.

 Bibliography

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2.     Áàñíèåâ Ê.Ñ., Äìèòðèåâ Í.Ì., Ðîçåíáåðã Ã.Ä. «Íåôòåãàçîâàÿ ãèäðîìåõàíèêà», Ì., Íåäðà, 2005.

3.      3. Åâãåíüåâ À.Å. Ãèäðàâëè÷åñêèé ðàñ÷åò ñëîæíûõ òðóáîïðîâîäîâ, Ì.,  ÌÈÍÕ è ÃÏ, 1975.

4.     www.petrolinvest.p